VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.16

Today's Change

-0.025 (13.51%)

Day's Change

0.145 - 0.19

Trading Volume

236,514,600


29 people like this.

24,380 comment(s). Last comment by mikeann 1 hour ago

Macgyver11

2,492 posts

Posted by Macgyver11 > 2020-07-22 17:03 | Report Abuse

Velesto need more time to rise back..wait patiently till the time come unless they got new contracts...hopefully.

yingzhe17

878 posts

Posted by yingzhe17 > 2020-07-22 20:59 | Report Abuse

Lucky sold all at 0.155 with profit. Move on from this crony bumi counter

wjc4195

394 posts

Posted by wjc4195 > 2020-07-22 21:17 | Report Abuse

foreign big boys are putting their money in Gold and Silver

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-07-22 21:56 | Report Abuse

brent already touch usd 44 but this counter remain crawling like tortoise , back to sleeping mode ZZZZZZZZzzzzzzzzzzzzz

fizz27

139 posts

Posted by fizz27 > 2020-07-23 11:36 | Report Abuse

lets see after 4pm today

Kopimilo

746 posts

Posted by Kopimilo > 2020-07-23 12:42 | Report Abuse

Glove and some pharmacy counters fly like hypersonic missiles, unstoppable, even there is limit up constraints being put up.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2020-07-23 16:16 | Report Abuse

Apa sudah jadi velesto...bangun le sayang dah lama tido ni.

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-07-23 21:42 | Report Abuse

ZZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzz

G C

22 posts

Posted by G C > 2020-07-23 21:47 | Report Abuse

No eye c

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-07-23 22:43 | Report Abuse

no need to c


just hantam @ 0.145



next year baru mari tengok

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-07-23 22:44 | Report Abuse

stay cool stay invest

300% return waiting for u

chaster

13 posts

Posted by chaster > 2020-07-24 11:02 | Report Abuse

hi all, im very new here...is this share good to invest? thank you in advance:)

RMSB

258 posts

Posted by RMSB > 2020-07-24 12:39 | Report Abuse

You think so?? Pls look elsewhere.

Kopimilo

746 posts

Posted by Kopimilo > 2020-07-24 15:55 | Report Abuse

Almost 2 months institutional stay in-action for this counter. Feb around 35sen. Double whammy oil war and covid-19 in early Mar counter run down hill to as low as 9sen, then seem to climb but Cushing oil market crisis toward end Apr drag down to 12sen low. The next highest level tested at 19sen in May then stagnated around 15sen till now, despite good news and 1qtr profit just over rm16mil. Any statistical indicators seem weaks for significant price uptrending agai.

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-07-24 21:01 | Report Abuse

put your money elsewhere

Ravias

3 posts

Posted by Ravias > 2020-07-24 21:05 | Report Abuse

Hahaha... where got 300% for this counter but still get profit a bit

Macgyver11

2,492 posts

Posted by Macgyver11 > 2020-07-25 04:43 | Report Abuse

There's a hope for this counter next year only the way I see. I believed 2qtr not favourable otherwise there should be some significant improvement in price. Let see what is next.

JJchan

7,182 posts

Posted by JJchan > 2020-07-25 11:52 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Schlumberger-Books-Second-Consecutive-Loss-Amid-Shale-Bust.html

Opec+ has achieved its Goal in Killing US Shale Operator. Previously Shale production can
rebound rapidly bcos they have Co. like Schlumberger and private Bankers support. Private Banks
had sunk more than 100billion into non-recoverable shale asset had thrown-in their tower (they allow mega Shale Oil Co. to go Bankrupt.)

From what i read, most Traders are "long on Oil" -----$60--70( if vaccine is available) by year end

JJchan

7,182 posts

Posted by JJchan > 2020-07-25 11:56 | Report Abuse

US Shale Co are in the same situation as MAS and AAX. Nobody pump-in money, they just disappeared

Johnzhu

2 posts

Posted by Johnzhu > 2020-07-25 22:17 | Report Abuse

boleh ka?@0.145

JJchan

7,182 posts

Posted by JJchan > 2020-07-26 11:15 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Banks-Shun-Loans-To-US-Shale-Drillers.html

WTI price will catch-up Or matching with Brent soon with falling production ( no more Fund from
Banks )

Macgyver11

2,492 posts

Posted by Macgyver11 > 2020-07-27 21:05 | Report Abuse

What happened to PNB/Amanah darling counter. Sleeping for long...zzzzzz

JJchan

7,182 posts

Posted by JJchan > 2020-07-28 11:36 | Report Abuse

2Qr Results should Hit 20mil profit

Macgyver11

2,492 posts

Posted by Macgyver11 > 2020-07-28 12:22 | Report Abuse

Ya kah..let see hopefully qtr result meet expectation.

Harryww

107 posts

Posted by Harryww > 2020-07-28 17:32 | Report Abuse

For one whole year the company made profits, but the shares price don't move. Others counters that is nearly bankruptcy, prices of shares limited up. So the only is keep on buying, for the long term possible will hit the 0.40 target very soon.

Taka47

297 posts

Posted by Taka47 > 2020-07-28 18:43 | Report Abuse

long term.. I think need to wait next year. As of now, I cant see anyone selling. Lots of ppl holding this share until now ady. So long term.. need to wait next year.

Harryww

107 posts

Posted by Harryww > 2020-07-28 18:59 | Report Abuse

This is the cheapest counter available in KlLSE. Which counters which manages to make profits for one whole year is below 0.20.

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-07-28 22:51 | Report Abuse

Only bought 2 lot, no need to panic selling

Kopimilo

746 posts

Posted by Kopimilo > 2020-07-29 09:37 | Report Abuse

Park your money here then see nxt year. Zzzz
Go buy real gold now

Harryww

107 posts

Posted by Harryww > 2020-07-29 11:44 | Report Abuse

With the big companies holding more than 70 percent of the total shares, PNB 54 percent, is one of the cheapest stocks available in KLSE. Is worth the value,

Macgyver11

2,492 posts

Posted by Macgyver11 > 2020-07-29 17:03 | Report Abuse

Bottom line they still need to secure more contracts..otherwise doesn't matter who holds the percentage. Sources come from more rigs count. Hopefully soon there's new contract announcements.

Allantanks

684 posts

Posted by Allantanks > 2020-07-29 23:36 | Report Abuse

Boring counter for boring people who enjoy boring losses as boring forms of entertainment and comfort.

Kopimilo

746 posts

Posted by Kopimilo > 2020-07-30 09:41 | Report Abuse

Here only need to zzzzz wake up at qtr only, no big deal, life made simpler as that. Go on island holidays enjoy sunshine and beaches around the world.

Posted by armadatuah2017 > 2020-07-30 12:26 | Report Abuse

what Harry said is true...floating shares in market is less than 40%.... funds really need to acquire more in order to push the price moving.....how many is holding with price lower than current...panick will come and thats when the floating shares will increase. just wait for the wave.

Posted by armadatuah2017 > 2020-07-30 12:26 | Report Abuse

0,30 is crazily good for me.

Allantanks

684 posts

Posted by Allantanks > 2020-07-30 16:50 | Report Abuse

Hahaha still got people have hope in this counter like me. Lol. Haih. Kek sim look at this counter.

Expertise

1,389 posts

Posted by Expertise > 2020-07-30 21:23 | Report Abuse

You put fd more kek sim haha

Shines

2,824 posts

Posted by Shines > 2020-08-02 08:52 | Report Abuse

The name speak for itself, like 'VELESLOW'.

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-08-02 22:17 | Report Abuse

ZZZZZZZZZzzzzzzzzzzzzzzzzz............

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-08-03 11:50 | Report Abuse

Possible back to 0.095?

Posted by JamesRubin > 2020-08-03 11:53 | Report Abuse

Heavy of a cement counter... Never moves

greenberg

197 posts

Posted by greenberg > 2020-08-03 19:37 | Report Abuse

Now glove counter took the shine from oil and gas. Need waiting winter time coming.

Mabel

24,289 posts

Posted by Mabel > 2020-08-03 21:02 | Report Abuse

Waiting patiently for Miss V to fly...

Meow...

Posted by Chua Joe Beng > 2020-08-03 21:14 | Report Abuse

going up 14c!

tkl88

8,712 posts

Posted by tkl88 > 2020-08-03 22:19 | Report Abuse

Wow, Oil price continues to spike up !
As at 10.15pm,
Nymex=> $40.82 ‪(+0.55) (+1.37 percent) !
Brent=> $43.88 ‪(+0.36) (+0.83 percent) !

azlan2810

19 posts

Posted by azlan2810 > 2020-08-04 00:02 | Report Abuse

Despite of all the worries..brent keep flying like nobody business...WTH..

Baby Shark

5,935 posts

Posted by Baby Shark > 2020-08-04 13:12 | Report Abuse

Dis no eat Viagra..

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-08-04 16:32 | Report Abuse

Something wrong! It seems dropping everyday! Cut loss first! Coming bk end of this month! Hehe

Macgyver11

2,492 posts

Posted by Macgyver11 > 2020-08-04 17:22 | Report Abuse

Most probably 2nd qtr no income..never mind just hold patiently, coming year will be good. By that time I believed brent already hit 50usd and hopefully Velesto will get more rigs projects.

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